Local Content Review to Enhance Your Organization’s Readiness and Report Reliability

We review local content data and percentages in accordance with the approved requirements in the Kingdom of Saudi Arabia, helping your organization improve the reliability of its reports and complete the requirements for applying for a Local Content Certificate.

Service Overview

The Local Content Review Service helps organizations verify the accuracy of the data used to calculate the local content percentage and ensure its compliance with the methodology and requirements approved by the Local Content and Government Procurement Authority.

The service includes reviewing data and supporting documents, verifying the classification of expenditure items, and preparing the required professional reports, supporting the organization’s readiness for submission and reducing the possibility of observations or discrepancies that may affect the calculated percentage.

What Do We Provide in the Local Content Review Service?

Local Content Review at Organization Level

We review the Local Content Measurement Model and the data prepared by the organization, ensuring its alignment with financial statements, records, and supporting documents.

Local Content Review at Contract Level

We review the achieved local content percentage within contracts and verify that the submitted data aligns with targets, the Local Content Plan, and the requirements of the contracting entity.

Review of Periodic and Final Reports

We examine local content report data and related documents to verify their accuracy and completeness before submission to the relevant authority.

Cost and Expense Verification

We review the classification of cost and expenditure items and verify their connection with financial records and supporting documents to identify discrepancies that may affect the calculated percentage.

Local Content File Readiness Assessment

We conduct an initial review of data and documents to identify missing information and observations that require resolution before completing the review procedures.

Agreed-Upon Procedures Report

We perform the required professional procedures and prepare a report outlining the procedures performed and the actual results achieved.

Elite Accountants’ Approach to Local Content Review

We follow a structured professional approach that connects the organization’s financial and operational data with local content measurement requirements, including:

Understanding the organization’s activities, expense structure, and operational processes.

Reviewing the Local Content Measurement Model submitted by management.

Reconciling data with financial statements and accounting records.

Examining supporting documents according to the required scope of procedures.

Verifying the classification of cost and expenditure items.

Identifying discrepancies and observations that require corrective action.

Preparing a clear and organized review report or agreed-upon procedures report.

What Makes Elite Accountants Services Different?

• Professional understanding of local content measurement methodology and review requirements.
• Accurate review procedures based on supporting documentation.
• Linking submitted data with the organization’s financial statements and records.
• Clear reports that help management address observations.
• Maintaining professional independence and objectivity.
• Knowledge of business practices and regulatory requirements in the Saudi market.

Benefits for Clients

Enhancing the reliability of the calculated local content percentage

Supporting the completion of requirements for obtaining a Local Content Certificate.

Reducing errors resulting from data classification or missing documentation

Enhancing the organization’s readiness for related tenders and contracts.

Improving the quality of periodic and final local content reports.

Providing more accurate information for management and decision-makers.

Supporting compliance with approved requirements in the Kingdom.

Industries We Serve

We provide Local Content Review Services to a wide range of organizations, including:

Industrial companies.

Construction and contracting companies.

Operations and maintenance companies.

Supply and service companies.

Organizations participating in government tenders.

Contractors and suppliers involved in major projects.

Private sector and non-profit organizations.